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It is said that OpenAI, whose value has reached $157 billion, will not be profitable in the next five years (alert time for OpenAI!)

  • October 10, 2024
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OpenAI, one of the prominent names in the world of artificial intelligence, has announced that it will not be profitable until 2029. of the company advanced artificial intelligence

It is said that OpenAI, whose value has reached 7 billion, will not be profitable in the next five years (alert time for OpenAI!)

OpenAI, one of the prominent names in the world of artificial intelligence, has announced that it will not be profitable until 2029. of the company advanced artificial intelligence models It is said that it has to do with high costs of scale.

for 2024 OpenAI loses about $5 billion It is provided. This figure could rise to $14 billion by 2026.

OpenAI’s challenging growth process

openai corporate image

OpenAI emphasizes that although it is growing rapidly, the infrastructure costs of large language models and artificial intelligence developments are very high. Rapidly increasing global demand makes it even more complicated for OpenAI to meet these challenges.

OpenAI’s revenues Since the beginning of 2023, it has increased significantly. It states that the company’s monthly sales exceeded $300 million in August and that it is targeting sales of $3.7 billion by 2024.

Made with Microsoft Azure cloud services partnershipAlthough it makes an important contribution to making business operations more sustainable, it leads to higher costs. On the other hand, OpenAI’s recent investment of $6.6 billion and its total valuation of $157 billion has managed to increase investor interest.

Source: Web Tekno

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